![“Uzbek Leasing International A.O.” JSC participated in the webinar "Development of Islamic Banking and Finance in the CIS countries"](/upload/resize_cache/iblock/b12/160_100_1/4l9kwvm5xat4h0guulm6ahmi0td6c4cz.jpg "“Uzbek Leasing International A.O.” JSC participated in the webinar "Development of Islamic Banking and Finance in the CIS countries"")
Peculiarities of accounting of leasing transaction
Legal regulation of leasing relations is governed by three main documents:
Taxation of lease transactions and leasing subjects (assets) are regulated in accordance with the Tax Code of the Republic of Uzbekistan.
In addition, the following regulations were passed:
- National accounting standard of the Republic of Uzbekistan (NAS # 6) “Accounting of Rents”, approved by the order of the Ministry of Finance of the Republic of Uzbekistan dated April 6, 2009 # 41 and registered by the Ministry of Justice of the Republic of Uzbekistan on April 24, 2009 under # 1946,
- Regulations on the reflection of the lease relations in accounting, approved by the order of the Ministry of Finance of the Republic of Uzbekistan dated May 11, 2009 # 54 and registered by the Ministry of Justice of the Republic of Uzbekistan on June 1, 2009 # 1961.